Sunac China Holdings Limited provided unaudited group preliminary earnings guidance for the year ended 31 December 2020. The company expected that the profit attributable to owners of the company for the year will increase by over 35% as compared with last year, which was primarily attributable to the increase of the area delivered in the sales of properties during the year as compared with last year and gains on changes in fair values of financial assets generated from equity investments. Meanwhile, the group continued to optimize its capital structure, as at 31 December 2020, it is expected that the net gearing ratio of the Group will be below 100%, its non-restricted cash to current borrowings ratio will exceed 1 and its assets to liabilities ratio after excluding receipts in advance will be below 80%.